NBG LOAN FOR SMES AND MID-CAPS

Promoter – Financial Intermediary

NATIONAL BANK OF GREECE SA

Location

• Greece

Description

An operation utilising a loan substitute (asset-backed securities (ABS) transaction) to channel EIB financing to support small and medium-sized enterprises (SMEs) and mid-caps mainly in Greece.

Objectives

Financing of small/medium projects carried out by small and medium-sized enterprises, mainly in Greece.

Sector(s)

• Credit lines

Proposed EIB finance (Approximate amount)

EUR 150 million

Total cost (Approximate amount)

Not applicable.

Environmental aspects

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Procurement

Final beneficiaries will be requested to comply with applicable national and EU legislation, as appropriate.

Status

Signed - 1/08/2016